Are CD players dead


I went to an audiophile meeting today and the owner of the store said Cd's and cd players are dead. He said you need to start learning about computer audio or you will be left behind. Is what he is saying true?
taters
Again, everyone avoids the question. How do you keep the
Major Labels honest, and committed to increasing Music
Selection in High Rez. Downloads? CD's are supposed to be
gone by the end of 2012. How do you make up for the loss in CD Music Selection with a skeleton of Music Selection- in High Rez. Downloads? SHOW ME the Music Selection in
High Rez. Downloads before you do away with CD Music
Selection. If you are switching Formats, they are supposed
to overlap! What are you trying to create ,a vacuum of Music inbetween THIS Transition-WHY? Do we forgo Music?
"How do you keep the Major Labels honest, and committed to increasing Music
Selection in High Rez. Downloads?”

My surmise is that the fixed costs associated with offering a Hi-Rez download are significantly less than those of producing and distributing a CD. Once more audiophiles start investing in computer based front ends, I can’t imagine why it wouldn’t be profitable for the major labels to offer more Hi-Rez downloads.
Phaelon, this doesn't make up for lack of transition between CD and High Rez. Downloads! There is no Music
Selection Overlap here at all. When you change Formats,
Music Selection overlap between them means no-one loses
their Music. There is time inbetween to save your Music,
and adapt/compensate. Ending CD by end of 2012 is like
feeding all Music lovers to the Sharks. They get eaten,
O-kay by you??? Cutting off an Audiophiles ears to spite
his face-accomplishes what towards Music listening?